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When Future Labour Income Falls in a Small Open Economy,it

question 32

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When future labour income falls in a small open economy,it causes the current account to ________ and investment to ________.


Definitions:

Moderate

Refers to being within reasonable limits; not excessive or extreme.

Klinefelter Syndrome

A genetic condition affecting males, characterized by an extra X chromosome, which can lead to physical abnormalities and fertility issues.

Turner Syndrome

A chromosomal disorder affecting females, characterized by a missing or partially missing X chromosome, leading to various developmental and physical changes.

Fetal Alcohol Syndrome

A condition in a child that results from alcohol exposure during the mother's pregnancy, causing growth, mental, and physical problems.

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